By staff of The Canadian Press
Posted on June 5, 2022 at 4:27 pm
Updated June 5, 2022 at 4:28 PM
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Gasoline prices continued to rise across much of Canada over the weekend and experts warn there will be further increases.
The Canadian Automobile Association says average national gas prices rose to nearly $ 2.06 on Sunday, nearly three cents more than the day before and 11 cents more than a week ago.
Read more: Have you ever wondered how the price of fuel is set on pumps?
Dan McTeague, president of Canadians for Affordable Energy, says fuel prices will continue to rise in the coming days.
#GasPrices in Canada will average $ 2.12 a liter on Monday afternoon, June 6th.
It will go higher
– Dan McTeague (@GasPriceWizard) June 5, 2022
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In a forecast shared on Twitter, he says the average price of gasoline could reach $ 2.12 a liter on Monday afternoon.
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Gas prices have risen sharply over the past year as tight global supplies have been exacerbated by the Russian invasion of Ukraine.
Prices have also risen due to strong demand as the economy reopens following blockages imposed by the COVID-19 pandemic and the start of an intense travel season.
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